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Does the EFAA apply only to online banking activities? Was it's passage motivated by the desire to provide needed protection to online banking activities or

Does the EFAA apply only to online banking activities?  Was it's passage motivated by the desire to provide needed protection to online banking activities or is it the case that online banking activities still needs additional legal protection for consumers?

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Answer The EFAA which stands for Electronic Funds Transfer Act does not apply exclusively to online ... blur-text-image

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